PUBLISHER: KBV Research | PRODUCT CODE: 1484358
PUBLISHER: KBV Research | PRODUCT CODE: 1484358
North America Cruise Market Size, Share & Trends Analysis Report By Type (Ocean Cruises and River Cruises), By Country and Growth Forecast, 2024 - 2031
The North America Cruise Market would witness market growth of 10.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Cruise Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $6,004.1 Million by 2031. The Canada market is experiencing a CAGR of 12.9% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 11.9% during (2024 - 2031).
Cruises are vacations or journeys taken aboard a cruise ship, typically with multiple stops at various ports of call. They allow passengers to travel to different destinations while enjoying onboard amenities and entertainment. Cruise ships vary in size and style, ranging from large ocean liners with thousands of passengers to smaller vessels offering more intimate experiences. Some cruises are designed for relaxation, with amenities like spas, pools, and sun decks, while others are more focused on entertainment, with theaters, casinos, and nightclubs.
The market represents a dynamic and flourishing sector within the broader tourism industry, offering travelers unparalleled opportunities for leisure and exploration at sea. At its core, the market comprises cruise lines that operate fleets of ships, each serving as a floating resort equipped with many amenities and activities designed to cater to passengers' diverse preferences.
The Mexican government reports a significant increase in international tourists, which can positively impact the market. With more tourists visiting Mexico, cruise lines may consider including Mexican destinations, attracting more cruise passengers and boosting tourism revenue. This demonstrates the interconnectedness of the market with broader tourism trends and highlights the potential for growth in cruise tourism in Mexico. Hence, the region will present lucrative growth opportunities for the market.
Based on Type, the market is segmented into Ocean Cruises and River Cruises. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Carnival Corporation & plc.
- Royal Caribbean Cruises Ltd.
- MSC Cruises S.A. (MSC Mediterranean Shipping Company SA)
- Norwegian Cruise Line Holdings Ltd.
- Disney Cruise Line (The Walt Disney Company)
- Cruiseaway (Dreamlines GmbH)
- Island Queen Cruises
- American Cruise Lines
- The Independent Traveler, Inc. (Tripadvisor Inc.)
- Viking River Cruises Inc.
North America Cruise Market Report Segmentation
By Type
- Ocean Cruises
- River Cruises
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1.Market Scope & Methodology
- 1.1Market Definition
- 1.2Objectives
- 1.3Market Scope
- 1.4Segmentation
- 1.4.1North America Cruise Market, by Type
- 1.4.2North America Cruise Market, by Country
- 1.5Methodology for the research
Chapter 2.Market at a Glance
- 2.1Key Highlights
Chapter 3.Market Overview
- 3.1Introduction
- 3.1.1Overview
- 3.1.1.1Market Composition and Scenario
- 3.1.1Overview
- 3.2Key Factors Impacting the Market
- 3.2.1Market Drivers
- 3.2.2Market Restraints
- 3.2.3Market Opportunities
- 3.2.4Market Challenges
- 3.3Porter Five Forces Analysis
Chapter 4.Strategies Deployed in Cruise Market
Chapter 5.North America Cruise Market by Type
- 5.1North America Ocean Cruises Market by Country
- 5.2North America River Cruises Market by Country
Chapter 6.North America Cruise Market by Country
- 6.1US Cruise Market
- 6.1.1US Cruise Market by Type
- 6.2Canada Cruise Market
- 6.2.1Canada Cruise Market by Type
- 6.3Mexico Cruise Market
- 6.3.1Mexico Cruise Market by Type
- 6.4Rest of North America Cruise Market
- 6.4.1Rest of North America Cruise Market by Type
Chapter 7.Company Profiles
- 7.1Carnival Corporation & plc.
- 7.1.1Company Overview
- 7.1.2Financial Analysis
- 7.1.3Segmental and Regional Analysis
- 7.1.4SWOT Analysis
- 7.2Royal Caribbean Cruises Ltd.
- 7.2.1Company Overview
- 7.2.2Financial Analysis
- 7.2.3Regional Analysis
- 7.2.4Recent strategies and developments:
- 7.2.4.1Partnerships, Collaborations, and Agreements:
- 7.2.4.2Acquisition and Mergers:
- 7.2.5SWOT Analysis
- 7.3MSC Cruises S.A. (MSC Mediterranean Shipping Company SA)
- 7.3.1Company Overview
- 7.3.2Recent strategies and developments:
- 7.3.2.1Partnerships, Collaborations, and Agreements:
- 7.4Norwegian Cruise Line Holdings Ltd.
- 7.4.1Company Overview
- 7.4.2Financial Analysis
- 7.4.3Regional Analysis
- 7.4.4SWOT Analysis
- 7.5Disney Cruise Line (The Walt Disney Company)
- 7.5.1Company Overview
- 7.5.2Financial Analysis
- 7.5.3Segmental and Regional Analysis
- 7.5.4Recent strategies and developments:
- 7.5.4.1Partnerships, Collaborations, and Agreements:
- 7.5.5SWOT Analysis
- 7.6Cruiseaway (Dreamlines GmbH)
- 7.6.1Company Overview
- 7.7Island Queen Cruises
- 7.7.1Company Overview
- 7.8American Cruise Lines
- 7.8.1Company Overview
- 7.9The Independent Traveler, Inc. (Tripadvisor Inc.)
- 7.9.1Company Overview
- 7.9.2Financial Analysis
- 7.9.3Segmental and Regional Analysis
- 7.10.Viking River Cruises Inc.
- 7.10.1Company Overview
LIST OF TABLES
- TABLE 1North America Cruise Market, 2020 - 2023, USD Million
- TABLE 2North America Cruise Market, 2024 - 2031, USD Million
- TABLE 3North America Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 4North America Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 5North America Ocean Cruises Market by Country, 2020 - 2023, USD Million
- TABLE 6North America Ocean Cruises Market by Country, 2024 - 2031, USD Million
- TABLE 7North America River Cruises Market by Country, 2020 - 2023, USD Million
- TABLE 8North America River Cruises Market by Country, 2024 - 2031, USD Million
- TABLE 9North America Cruise Market by Country, 2020 - 2023, USD Million
- TABLE 10North America Cruise Market by Country, 2024 - 2031, USD Million
- TABLE 11US Cruise Market, 2020 - 2023, USD Million
- TABLE 12US Cruise Market, 2024 - 2031, USD Million
- TABLE 13US Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 14US Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 15Canada Cruise Market, 2020 - 2023, USD Million
- TABLE 16Canada Cruise Market, 2024 - 2031, USD Million
- TABLE 17Canada Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 18Canada Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 19Mexico Cruise Market, 2020 - 2023, USD Million
- TABLE 20Mexico Cruise Market, 2024 - 2031, USD Million
- TABLE 21Mexico Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 22Mexico Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 23Rest of North America Cruise Market, 2020 - 2023, USD Million
- TABLE 24Rest of North America Cruise Market, 2024 - 2031, USD Million
- TABLE 25Rest of North America Cruise Market by Type, 2020 - 2023, USD Million
- TABLE 26Rest of North America Cruise Market by Type, 2024 - 2031, USD Million
- TABLE 27Key Information - Carnival Corporation & plc.
- TABLE 28Key Information - Royal Caribbean Cruises Ltd.
- TABLE 29Key Information - MSC Cruises S.A.
- TABLE 30Key Information - Norwegian Cruise Line Holdings Ltd.
- TABLE 31Key Information - Disney Cruise Line
- TABLE 32Key Information - Cruiseaway
- TABLE 33Key Information - Island Queen Cruises
- TABLE 34Key Information - American Cruise Lines
- TABLE 35Key Information - The Independent Traveler, Inc.
- TABLE 36Key Information - Viking River Cruises Inc.
